The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Ramsay Health Care's share price is $33.01.
Ramsay Health Care's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $44.54. Hence, Ramsay Health Care's PS Ratio for today is 0.74.
Good Sign:
Ramsay Health Care Ltd stock PS Ratio (=0.84) is close to 10-year low of 0.78
The historical rank and industry rank for Ramsay Health Care's PS Ratio or its related term are showing as below:
RMSYF'
s PS Ratio Range Over the Past 10 Years
Min: 0.78 Med: 1.42 Max: 2.83
Current: 0.79
During the past 13 years, Ramsay Health Care's highest PS Ratio was 2.83. The lowest was 0.78. And the median was 1.42.
RMSYF's PS Ratio is ranked better than 68.31% of 650
companies
in the Healthcare Providers & Services industry
Industry Median: 1.51
vs RMSYF: 0.79
Ramsay Health Care Ltd has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Ramsay Health Care was 14.10% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 4.30% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 4.50% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 10.30% per year.
During the past 13 years, Ramsay Health Care's highest 3-Year average Revenue per Share Growth Rate was 38.00% per year. The lowest was -0.40% per year. And the median was 11.05% per year.
Back to Basics: PS Ratio
Ramsay Health Care PS Ratio Historical Data
The historical data trend for Ramsay Health Care's PS Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Ramsay Health Care's PS Ratio
For the Medical Care Facilities subindustry, Ramsay Health Care's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ramsay Health Care's PS Ratio Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Ramsay Health Care's PS Ratio distribution charts can be found below:
* The bar in red indicates where Ramsay Health Care's PS Ratio falls into.
Ramsay Health Care PS Ratio Calculation
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Ramsay Health Care's Share Price of today is $33.01.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ramsay Health Care's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $44.54.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
Ramsay Health Care (OTCPK:RMSYF) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Ramsay Health Care PS Ratio Related Terms
Thank you for viewing the detailed overview of Ramsay Health Care's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Ramsay Health Care (Ramsay Health Care) Business Description
Ramsay Health Care is one of the largest private healthcare providers in the world, with over 460 facilities across 10 countries. The key markets in which it operates are Australia, France, the U.K., and Sweden. It is the largest private hospital group in each of these markets except for the U.K. where it ranks fifth. Ramsay Sante, which operates the European regions other than the U.K., is a 52.5%-owned subsidiary of Ramsay Health Care. The company typically earns about 60% of consolidated earnings in Australia and 30% in France. Ramsay Health Care undertakes both private and publicly funded healthcare.
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